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Patterson-UTI Energy Inc
NASDAQ:PTEN

Watchlist Manager
Patterson-UTI Energy Inc Logo
Patterson-UTI Energy Inc
NASDAQ:PTEN
Watchlist
Price: 10.59 USD 0.86% Market Closed
Updated: May 3, 2024

Wall Street
Price Targets

PTEN Price Targets Summary
Patterson-UTI Energy Inc

Wall Street analysts forecast PTEN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PTEN is 16.44 USD with a low forecast of 14.14 USD and a high forecast of 19.95 USD.

Lowest
Price Target
14.14 USD
34% Upside
Average
Price Target
16.44 USD
55% Upside
Highest
Price Target
19.95 USD
88% Upside
Patterson-UTI Energy Inc Competitors:
Price Targets
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22% Upside
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Transocean Ltd
41% Upside
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XinJiang Beiken Energy Engineering Co Ltd
391% Upside
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ADES Holding Company SJSC
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4DS
Daldrup & Soehne AG
62% Upside
VELESTO
Velesto Energy Bhd
25% Upside

Revenue
Forecast

Revenue Estimate
Patterson-UTI Energy Inc

For the last 8 years the compound annual growth rate for Patterson-UTI Energy Inc's revenue is 10%. The projected CAGR for the next 3 years is 18%.

10%
Past Growth
18%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Patterson-UTI Energy Inc

The compound annual growth rate of Patterson-UTI Energy Inc's operating income for the next 3 years is 20%.

N/A
Past Growth
20%
Estimated Growth
Estimates Accuracy
5%
Average Beat

Net Income
Forecast

Net Income Estimate
Patterson-UTI Energy Inc

The compound annual growth rate of Patterson-UTI Energy Inc's net income for the next 3 years is 35%.

N/A
Past Growth
35%
Estimated Growth
Estimates Accuracy
-15%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PTEN's stock price target?
Price Target
16.44 USD

According to Wall Street analysts, the average 1-year price target for PTEN is 16.44 USD with a low forecast of 14.14 USD and a high forecast of 19.95 USD.

What is Patterson-UTI Energy Inc's Revenue forecast?
Projected CAGR
18%

For the last 8 years the compound annual growth rate for Patterson-UTI Energy Inc's revenue is 10%. The projected CAGR for the next 3 years is 18%.

What is Patterson-UTI Energy Inc's Operating Income forecast?
Projected CAGR
20%

The compound annual growth rate of Patterson-UTI Energy Inc's operating income for the next 3 years is 20%.

What is Patterson-UTI Energy Inc's Net Income forecast?
Projected CAGR
35%

The compound annual growth rate of Patterson-UTI Energy Inc's net income for the next 3 years is 35%.